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PGA Tour Inc.
PGA Tour approves $3bn investment from consortium led by Liverpool FC owner
...The PGA Tour has approved a deal for a group of investors led by Liverpool FC and Boston Red Sox owner John Henry to invest in the US golf organisation’s new commercial entity....
January 31, 2024
FT Swamp Notes
Tyler Cowen: Why we will learn to love AI Premium content
...(John Maynard Keynes). Both apply to Cowen in the age of AI....
April 19, 2024
FT Live
Business of Football Summit
The global gathering of leaders in football and finance
Wednesday, 26 February 2025In-Person & Digital | London
LexApple Inc
For Apple, a €1.8bn EU fine is just the start Premium content
...Companies that violate the new EU law face fines of 10 or 20 per cent of their global revenue. For Apple, that would be $77bn....
March 5, 2024
Lex PopuliPersonal Finance
Athleisure shares appear out of shape
...Some of this is company specific. Nike, with shares down 20 per cent in the past 12 months, is still taking strides to get its innovation mojo back....
March 29, 2024
Apple Inc
‘Sell Apple’
...Apple has no product in foldables (1% of market, used to be 20%), and there appears to be no obvious AI strategy. 7. Where’s its Galaxy S24 Ultra?...
February 27, 2024
News in-depthWeight Watchers International Inc
WeightWatchers faces an era when weight loss comes in a syringe
...Davis points to a long list of “more nimble” telehealth companies that also provide access to GLP-1 drugs, such as Noom, a direct-to-consumer weight-loss company with comparable subscription pricing to WW...
April 9, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
News in-depthTesla Inc
Tesla’s ‘gravity-defying’ powers at risk as EV market slows
...The group’s market capitalisation has almost halved from its late-2021 peak of $1.2tn, when investors’ faith in the messianic powers of Musk went unquestioned....
April 5, 2024
Covid-19 vaccines
Hedge fund urges board shake-up at Novavax over struggling Covid vaccine
...Shah Capital does not have an issue with the leadership of Novavax chief executive John Jacobs and was pleased with his negotiation of a $349.6mn settlement with the Canadian government over the forfeiting...
April 15, 2024
Corporate bonds
Tech companies cash in on ‘frothy’ stock rally with convertible bond sales
...If the stock does continue to rise, the high valuation means the dilution of existing investors would be relatively low....
February 29, 2024
Qatar
Qatar releases eight Indians sentenced to death for spying for Israel
...Qatar does not have formal relations with Israel....
February 12, 2024
Unhedged
Uber’s Dara Khosrowshahi defends buyback policy
...Mr Buffett is one of the world’s greatest investors — estimating fair value is what he does. Most companies and most CEOs are not investors....
February 28, 2024
Boeing Co
Boeing and supplier shares fall after mid-flight accident
...Boeing shares fell 8 per cent on Monday to $229 while those of Spirit AeroSystems dropped 11.1 per cent to $28.20....
January 8, 2024
Scoreboard
Golf’s power balance resets Premium content
...This week, the tour approved a deal for a group of investors led by Liverpool FC and Boston Red Sox owner John Henry and his Fenway Sports Group to buy into the new entity....
February 3, 2024
Cisco Systems Inc
Cisco agrees $28bn deal for cyber security group Splunk
...Ten months later, Hellman & Friedman, another large private equity group, invested $1.38bn to build a 7.5 per cent equity investment in the company and also gained a board seat....
September 21, 2023
Britain after Brexit
Five ways to support business and innovation post-Brexit Premium content
...(See 1, above)....
February 29, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Due Diligence
Carl Icahn’s secret weapon in the US heartland Premium content
...Papa Johns announced that former basketball player Shaquille O’Neal will not stand for re-election to the company’s board of directors....
February 29, 2024
ReviewFT Books Essay
Can Labour win again? History might hold the answer
...Despite the discomfort of King George V — whose cousin the Tsar had been executed by the Bolsheviks — Labour formally recognised the Soviet Union....
January 3, 2024
FT Alphaville
When’s a flapjack not a flapjack? It’s a maddeningly difficult question
...We find that the Products are not cakes for the purposes of Excepted Item 2 of Group 1 of Schedule 8 VATA. 218....
March 11, 2024
FT Magazine
How did customer service get so bad?
...Both John Lewis and its sibling company Waitrose have long been famed for their higher than usual level of customer care....
April 18, 2024
HM Revenue & Customs
Walkers’ Sensations Poppadoms vs HMRC: Crunch time
...As the tribunal decision summarised it: Walkers contend that the products should be zero-rated for VAT purposes on the basis that they fall within Item 1 of Group 1 of Part II to Schedule 8 VAT, being “...
January 19, 2024
Macy's Inc
Miracle on 34th St?
...Even Etsy got a piece of the action, up 5.8 per cent. Still, management hasn’t responded publicly to the Dec 1 offer....
December 12, 2023
John Gapper
LVMH is suffering a vibe shift in the luxury business
...The top 1 per cent of shoppers buy more than 20 items a year and account for a quarter of luxury brand sales, according to Bernstein....
October 13, 2023
FT SeriesHTSI spring menswear special 2024
The psychedelic reinvention of Patrick Cox
...The details of the company’s decline are complex but essentially it overexpanded, an investor took over, and Cox left in 2007....
March 8, 2024
Environment
Petrochemical glut makes new plastic cheaper than recycled
...In 2022 Europe manufactured 14 per cent of global plastics, falling from a 20 per cent share in 2012, according to trade group Plastics Europe....
January 15, 2024
ESPN Inc
Can Disney’s ESPN become the US’s biggest sports betting company?
...But Penn does not have the luxury of time to make a success of ESPN Bet....
November 14, 2023

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